An IIPM Initiative
Tuesday, December 11, 2018
 
 

INDIA’S MOST INFLUENTIAL WOMEN

Simone Tata

 

Pramod kumar
TSI | Issue Dated: August 26, 2007
Tags : |
 
Simone Tata Simone Tata joined the Lakmé Board in 1962 when it was a minor subsidiary of Tata Oil Mills. Based on her profound knowledge of cosmetics & development in the global cosmetic industry, she charted a radically different path for Lakmé & introduced beauty care to India. In 1996, she sold off a successful Lakmé to HLL and ventured further to introduce India’s first 100% private label store, Westside (a part of Trent Ltd.) and masterminded the acquisition of Littlewoods retailing business in India. Today, Trent has 21 Westside stores under its belt. For the fiscal year 2006, the total income of Trent Ltd.stood at Rs.3.5 billion – an annual increase of 45%! And so she asserts, “The company’s profitability was driven by strong demand, and backed by quality products and the latest fashion.” Even as Westside was recognised as the ‘Most Admired Large Format Retail Chain of the Year’ at the Lycra Images Fashion Awards in 2005, Simone graciously bid adieu as the Chairman of Trent Ltd. (on October 30, 2006), but her towering legacy had been stamped on the boardroom doors!

The big deal

The cosmetic czarina who has quite a few firsts to her name has left a deep blush on most Indian women. With her ardent passion she turned an unknown subsidiary of Tata oil mills into ‘brand Lakme’ that changed the face of Indian fashion and cosmetics forever.
Rate this article:
Bad Good    
Current Rating 3.5
 
 
Post CommentsPost Comments




Issue Dated: Feb 5, 2017